Freedom EuroCycle Las Vegas is set to partner with nonprime lender Marine One Acceptance Corp. by mid-July, John Hollywood, the dealership’s finance and business development manager, told Powersports Finance.
The dealership is aiming to accommodate nonprime consumers, an underserved and high-demand market, he said, and Marine One even serves after-bankruptcy deals. Marine One offers set criteria — like a checklist — of stipulations they need and what they expect from the consumer to approve the loan, which is something Freedom EuroCycle wishes its other lender partners would offer, he said.
